VentureBeat: Joyent grabs $85M from Weather Investment II, Telefonica to take on Amazon in cloud com

January 23rd, 2012

January 23, 2012—- Cloud computing startup Joyent has raised a humongous $85 million round of funding, which will help the company with its plan of out-innovating Amazon in cloud computing technology.

Joyent provides infrastructure cloud computing services for customers like LinkedIn, THQ, Gilt Groupe and Kabam. The company’s core offering will now be enhanced with a wide-ranging partnership with Telefónica Digital, the global business division of London-based telecommunications company Telefónica. With the new partnership, Joyent will be able to bring its services to more countries thanks to Telefónica data centers throughout Europe and Latin America. Read more